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20121128
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.s. chinese and more are buying more and more homes on the west and east coast. fox news correspondent william la jeunesse on the chinese factor in the u.s. housing market. >> well good news for sellers and a green light for buyers according to new data out tuesday morning. the housing market appears to have bottomed. prices are up in the majority of america's largest cities. by more than 3%. including places like atlanta. and las vegas, which have been down for years. in many areas, foreigners are fueling the fire. the national association of realtors says non-american buyers bought $82 billion in homes last year. up 25%. $7 billion from the chinese. some paying cash for high-end multimillion dollar homes with special kitchens. in-law suites and koi ponds. >> they are probably the top 1% of the managed speakers coming from china. there is the people who have their own businesses, or maybe were part of the government. >> they get a huge bang for your buck. you get land. you get good schools. you get a safe environment. nice community. >> with a relatively weak dollar, chinese buyers get a barg
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